Form 4: Ranpak Holdings Corp. Executive Antonio Grassotti Reports Acquisition of Restricted Stock Units

Antonio Grassotti, Managing Director, APAC at Ranpak Holdings Corp., reports the acquisition of 18,309 restricted stock units (RSUs) on March 4, 2025, under the company's 2019 Omnibus Incentive Plan.

Summary

• On March 4, 2025, Antonio Grassotti, Managing Director, APAC of Ranpak Holdings Corp., acquired 18,309 shares of Class A common stock in the form of restricted stock units (RSUs).
• The RSUs were granted pursuant to the Ranpak Holdings Corp. 2019 Omnibus Incentive Plan.
• These RSUs will vest in three equal installments on March 10, 2026, March 10, 2027, and March 10, 2028.
• Following this transaction, Grassotti beneficially owns 168,512 shares of Class A common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The grant of RSUs is a standard practice and indicates confidence in the executive's ability to contribute to the company's success. The vesting schedule promotes long-term alignment.

Positives

• The grant of RSUs to a key executive like the Managing Director, APAC, suggests an alignment of interests between management and shareholders.
• The vesting schedule incentivizes the executive to remain with the company for the long term.

Future Outlook

The vesting schedule of the RSUs indicates a long-term incentive plan for the executive, aligning their interests with the company's future performance.

Industry Context

Executive compensation through equity grants is a common practice in publicly traded companies to incentivize performance and align management's interests with those of shareholders. This Form 4 filing reflects standard reporting requirements for such transactions.

Comparison to Industry Standards

• Equity compensation is a standard practice across publicly listed companies, particularly in the US.
• Companies like Sealed Air (SEE) and Smurfit Kappa (SKG) also utilize equity-based compensation for their executives to align their interests with shareholder value.
• The vesting schedule of three years is fairly typical for RSU grants, as it encourages long-term commitment from the executive.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns management's interests with long-term company performance.
• Employees may see this as a positive sign of investment in leadership.

Key Dates